|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||171.66 - 177.79|
|52 Week Range||110.33 - 183.73|
|PE Ratio (TTM)||47.08|
|Forward Dividend & Yield||1.00 (0.57%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre and Myles Udland break down the day's market action, as the Nasdaq Composite, Nasdaq 100, S&P 500 and Russell 2000 have their worst day since the February lows, specifically looking at the relative strength of the Technology Select Sector SPDR Fund (XLK) versus the S&P 500.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves as the Nasdaq Composite, Nasdaq 100, S&P 500 and Russell 2000 are suffering their worst day since the February 8, 2018 selloff over a month ago.
Equifax added a veteran CEO to its board as it continues to deal with the aftermath of its 2017 cybersecurity breach. Despite all the bad press, a new study suggests the hack has added up to $1.4 billion in revenue for the big three credit bureaus.
American Express (AXP) currently has a wide reach in the United States. It has entered into various bank partnerships that have helped it generate domestic revenues. Any improvements should be beneficial since they would most likely attract customers.
37 analysts are covering Mastercard (MA) in March 2018. Two of these analysts suggest a “hold,” while 17 analysts recommend a “strong buy.” The company attracted “buy” ratings from 18 analysts, and the stock doesn’t have any “sell” and “strong sell” ratings. In February, 18 of the 39 analysts recommended a “strong buy,” and another 18 had given the stock a “buy” rating.
Mastercard (MA) posted net revenues of $12.5 billion in 2017 compared to $10.8 billion in 2016, which reflects a rise of 16%. Mastercard management is optimistic about its performance moving forward. According to Mastercard’s management, the company is expected to witness growth of 15% to 16% in its net revenues.
Mastercard (MA) is focusing on improving the customer experience to enhance customer loyalty. One of the company’s challenges in this respect it that it doesn’t come in direct contact with consumers. Mastercard also ensures that while executing the transactions, the consumers feel secure.
Mastercard (MA) witnessed strong momentum in its cross-border volumes in January 2018. The strong momentum in cross-border volumes was a result of several factors. Another factor that contributed to the momentum in the cross-border volumes was the holiday spending in Europe.
Mastercard (MA) and Visa (V) have outperformed the market in 2018, but Mastercard's gained twice as much as Visa. That makes perfect sense, writes Evercore ISI's David Togut. While Togut has Outperform ratings on both stocks, he prefers Mastercard over Visa. Mastercard, he argues, has a decade head start in Europe, operating as a globally unified public company, and that means it should continue to grab European market share, while delivering low-teens organic total growth (on a constant currency basis) this year and next.
On February 27, 2018, Mastercard (MA) announced a partnership with Dream Payments to facilitate payments to insurance customers. Initially, Northbridge Financial, an insurance company in Canada, will utilize the Mastercard Send platform. The Canadian insurance industry makes payments worth billions of Canadian dollars per year.
Over the past few years, Mastercard’s (MA) revenues have remained consistent. According to the company’s management, of the total revenue growth, 75% came from core products like prepaid, debit, credit, and commercial cards. First, Mastercard is witnessing favorable momentum in its business because of the supportive economic environment.
On February 28, 2018, Mastercard (MA) made an announcement regarding the development of its Masterpass QR bot on Facebook Messenger. This move is for small business owners in Asia and Africa. This move aims to help small business owners target new markets through the help of digital tools.
MasterCard would be “very happy to look at” facilitating the use of national digital currencies issued by central banks, a senior executive at the card company has told the Financial Times. Central banks ...